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Part-timers' hourly wage rises 11.3 pct in Q1

South Korean part-time workers saw their hourly wage jump more than 11 percent on-year in the first quarter to exceed the legal floor of 5,580 won ($5.19), a poll showed Monday.  The average hourly wage of part-timers came to 6,910 won in the January-March period, up 11.3 percent from a ...

Updated : 2015.04.27 09:41

‘Single households to dominate Seoul by 2030’

The number of single households in Seoul City is projected to outpace those comprised of unmarried people and their parents by 2030, data showed Sunday. According to a report by Seoul Metropolitan Government, the number of single households in the capital accounted for 27 percent of the to...

Updated : 2015.04.26 18:40

‘Lower-income women more vulnerable to depression’

Women in Korea who have a low income or are unemployed are more likely to suffer from depression, a study claimed Sunday.The Korea Institute for Health and Social Affairs said in the report that 16.3 percent of women over age 20 have suffered from depression for more than a two-week period...

Updated : 2015.04.26 18:40

Construction permits for new homes jump 34 pct in March

The number of construction permits issued for new homes surged in March from a year earlier, the government said Sunday, reflecting an apparent recovery of the property market.  The number of new home permits issued in March came to 52,200, up 34 percent from the same month last year, ac...

Updated : 2015.04.26 11:44

S. Korea's tax burden ratio drops for 2nd year in 2014

South Korea's tax burden ratio fell for the second consecutive year in 2014, hovering well below the average for member states of the Organization for Economic Cooperation and Development, data showed Sunday.  The nation's tax burden ratio, or the percentage of total national and local t...

Updated : 2015.04.26 10:31

Unions strike over labor, pension reform

Union workers held rallies in major cities Friday in a general strike to protest the government’s plans to overhaul labor regulations and public servants’ pension system, despite a stern warning fro...

Updated : 2015.04.24 20:51

Workers strike against flexible labor market, pension reform

Hundreds of thousands of unionized workers walked out of their work places Friday against the government plans to reform the pension system for public servants and introduce a more flexible labor market. About 260,000 unionized workers joined the one-day walkout launched in 2,829 work plac...

Updated : 2015.04.24 16:03

Late bizman ordered evidence destruction

A late businessman accused of bribing some key aides to President Park Geun-hye and politicians is suspected of ordering a cover-up before committing suicide, prosecutors said Friday.Sung Woan-jong, chairman of a minor construction firm, Keangnam Enterprises Inc., killed himself earlier th...

Updated : 2015.04.24 16:00

Top Seoul educator fined for smear campaign

A district court has convicted Seoul's chief educator of running a smear campaign during last year's election, with the superintendent now facing a possible nullification of his election.  The Seoul Central District Court Wednesday fined Cho Hee-yeon, superintendent of the Seoul Metropoli...

Updated : 2015.04.24 09:33

Preschool private education cost soars

South Korean parents spent 3.2 trillion won ($2.9 billion) on private education programs for their preschool children last year, a 22 percent increase from the previous year, a survey showed.According...

Updated : 2015.04.23 20:24

Over 100,000 Chinese tourists to visit Korea next week

About 100,000 Chinese tourists are expected to visit South Korea next week for their national holiday, a state-run body said Thursday. According to the Korea Tourism Organization, they are anticipated to travel to Korea during the long holiday from April 30 to May 4. This is about a 20 per...

Updated : 2015.04.23 20:21

Tension escalates on eve of general strike

The tension between the government and workers is rising as local trade unions are set to hold a nationwide rally Friday to protest against the labor reform plans. Groups of left-leaning teachers and unionized public servants said they would also support the general strike, defying the gov...

Updated : 2015.04.23 20:19

Gov't to adopt wage peak system for public firms

The government has decided to implement a wage peak system for all public corporations ahead of the retirement age extension that will go into effect next year, the finance ministry said Thursday.The wage peak system is a job-sharing measure that aims to provide job security for older empl...

Updated : 2015.04.23 15:10

U.S. envoy attacker shows no remorse

Super The man who slashed the U.S. ambassador in Seoul last month said Thursday he was proud he reduced the South Korea-U.S. joint military exercises by one day. Kim Ki-jong was arrested on March 5 immediately after he attacked Mark Lippert with a knife at a breakfast meeting in Seoul.More...

Updated : 2015.04.23 14:57

Childbirths in S. Korea fall in February: data

The number of childbirths in South Korea fell in February after growing two months in a row, a government report showed Thursday, a negative turnaround for a country trying to get people to have more kids.According to the report by Statistics Korea, about 35,700 babies were born in Februar...

Updated : 2015.04.23 13:19